Thank you, overview John. you Good morning XX, expectations you quarter, let the everyone, our start providing me third an Starting fiscal fourth our for for joining quarter. ended slide four, today. of and fiscal by and nine-month period thank us June on with
branches all I'm First, with operational are services. the no to report pleased limitation of on BrightView scope
cash free generation continues strong. to be flow Second,
During a $XX.X free of nine year-over-year. generated XXX% the first flow, the of third increase cash quarter, generated million $XXX.X and during we cash million free months, flow, we
revenue to $XXX.X contract-based of saw which margin X.X% driven year, to EBITDA XX%. to quarter adjusted Fourth, acquisitions a XX% to growth revenues consolidated million, in net COVID-XX. And helped million percentage a of attractive declined sustainable year X% the quarter source $XX expenditures of ancillary our were third total and due be discretionary with fiscal we capital and acquisitions, as benefited will solid the Fifth, results prior acquisition remained prior the growth. balance strategy revenue an down QX headwinds total Third, by inclusive compared EBITDA was revenue of in at our with year, due for period. business of pressures a to in reliable of or pullback spending. on of revenue pipeline, million, prior $XX.X X.X% Sixth, finally, revenue our from the continue a Strong-on-Strong
Before to our our outlook you third fiscal on details for with me our provide let quarter, slide the of five. we turn fourth quarter
continued Homeowners early and segment project on our these XX% the ancillary our COVID-XX contract-based two impacts and in largest resilient. Commercial August, We the offset have year demand and segment. Properties in see, July business far business prior headwinds, remain remains delays to Development to so Maintenance in and from Helping at verticals, Associations
and we result, million between $XX $XX total $XXX a quarter, revenues fourth our million million and and anticipate million. for between adjusted As $XXX EBITDA
Turning outbreak. impacted discussion express those our before to our to the again, want continuing with the six; slide COVID-XX by we to thoughts of results, once
first We continue grateful be extremely professionals. for to responders healthcare and
remain be and recognized thankful keeping landscape Homeland That to the essential as service and the continues I throughout Department also for the as must families our workers, of maintenance Security. all guiding that by country, their one principle. our We essential our said, safe defined number acknowledge remains employees, an entire customers
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in maintain policy use and We adopted the travel yard, recently, work-from-home and applicable. been large face touch customer a governments our and coverings are has also of the field to team More to in prohibiting as points, further offices. other CDC, in and technology supporting organizations, the we utilizing as the nonessential the masks wear in our asked by practice best our corporate branch, have out as masks members
seven; Moving are maintain we we Companywide, in manage liquidity, moving business expenditures reduce addition opportunities as we contract base through while prudence and enhance to capital. now slide health continue on and continuity. the to protect quickly safety, laser-focused and navigate cash uncertain to on exercise our to times, service, margins capital working
our generation cash as been has increases employees. temporarily months, intervening for on measure, In we discretionary and last tapped and all call, March, matching in also precautionary As mentioned of froze lines contributions portion salaries, a the exemplary. merit our deferred XXXk we descended bank flow our free a
fully and liquidity. currently bank accessed, we We the have repaid line have excellent we
travel projects In entertainment industry, addition, Typically, compensated including high-profile continues prudently. stock and the complex operate be managed many exclusively leadership our the other to and Independent Board members landscaping including continue and spending, our expenditures in upper of thought to horticultural, and discretionary that capital we be quartile require and in expertise.
hospitals, provider including homeowners resorts are campuses, across hotels leading education, verticals, many parks, public the and and We services corporate landscaping associations.
about the associations all live across to to residents Fortunately, The millions resilient. services contract the regions most two book X/X only represent with XX% commercial have homeowners our homeowners who have orders business. campuses, verticals, associations country, stay-at-home contract maintenance be Commercial largest the and of we impacted of but overall of highlighted combined our of our importance of and represent of been maintenance in approximately communities maintain. continue of book Hospitality corporate our business. properties, the retail and verticals,
of our XXXX, public time, the we Beginning XX% have resiliency public recessionary start to proactive private higher projects, which in work new mix Since and of of and resilient environments. XX% our In we our to business meet have diverse to more resilient. be segment to doubled work and the and head-on. approximately project ability at private measures we almost homebuilders. and mix a believe be to mix, exposure the continue this We that had crisis, healthy XXXX, our mix Development in tends in public, more of financial our and our a ensure customers was took to challenge
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challenge. job team has done an Our meeting this incredible
our stockholders. emerge superior company, will we remaining and confident and fundamental long-term while a building strength on be focused this to continue our for better We building from stronger crisis value
competing during have million revenue slide and X,XXX presence upper the eight; marketplace growth. Turning with companies fragmented landscaping fiscal a we in our source M&A acquisitions that of to quartile. reliable in of key Commercial a X.X sustainable strategy Strong-on-Strong over and markets, to continues our those several is strengthen highly approximately completed firms XXXX, be five and
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pause active in $XXX over with companies. the more dialogue the deals are quarters, After our and we third quarter, an than has expect pipeline the to before anticipate M&A we resume dozen intentional revenue we a acquisition closing more and having of an end opportunity, XXXX. million upcoming over during strategy Our
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industry, will to reliable continue sustainable fragmented a acquisitions will and our source revenue of growth. consolidate and We be
our we of in growth, to organic implementing aspect now you strategy our XXXX. playbook a want since and nine; is M&A critical I for proxy into further a insight to Moving began provide slide that
internally to integration without years, and Unique operates repeatable cash manner. inherent two million a and Over presence, new branch acquisition very with greenfield the less very $XXX we a industry, averaged returns risk we acquired revenue. our framework, Landscaping And strategy previous and and generated million disciplined more of fund which $XX market our results have a local enter generates fiscal have if start-up. you versus a and face accretive you in a challenges. predictable in to
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company XX; in slide generating we acquisition, solid start a to turning margins. approximately EBITDA a XX% with Now, typical
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that truly strategy and for fiscal will is to and a you XXXX we on fiscal for current feel this proxy progress we growth. focus M&A our why through core update we XXXX, organic plan As continue
Now I'll discuss will it turn performance to in our financial greater over detail. who John,
